Satwalekar to join Wipro Board
Thierry Delaporte takes charge of Wipro Ltd as the Chief Executive Officer and Managing Director, effective 6 July 2020, bringing over 25 years of experience from Capgemini Group.
“Thierry has an exceptional leadership track record, strong international exposure, deep strategic expertise, a unique ability to forge long-standing client relationships, and proven experience of driving transformation and managing technological disruption,” Rishad Premji, Chairman, Wipro Limited, said on 29 May 2020.
“We believe that Thierry is the right person to lead Wipro in its next phase of growth,” he said.
“I want to thank Abid for all that he has done for Wipro and for making this transition as smooth and seamless as possible despite his personal commitments.”
Abidali Neemuchwala relinquish his position as CEO and MD on June 1. Rishad Premji will oversee the day to day operations of the company until July 5.
Commenting on his appointment, Thierry Delaporte said, “I am deeply honored to be invited to lead Wipro, an extraordinary company and an exemplary corporate citizen with a deep technology heritage built on a strong foundation of values. I look forward to working closely with Rishad, the Board, senior leadership and the hugely talented employees of Wipro to turn a new chapter of growth and build a better tomorrow for all our stakeholders.”
He will be based in Paris and report to Chairman Rishad Premji.
Thierry has a Bachelor’s degree in Economy and Finance from Sciences Po Paris and a Masters in Law from Sorbonne University. He is also the co-Founder and President of the not-for-profit organization Life Project 4 Youth.
Until recently, Thierry Delaporte was the Chief Operating Officer of Capgemini Group and a member of its Group Executive Board. During his twenty-five year career with Capgemini, he held several leadership roles including that of Chief Executive Officer of the Global Financial Services Strategic Business Unit, and head of all global service lines. He also oversaw Capgemini’s India operations, and led the group’s transformation agenda, conceptualizing and driving several strategic programs across various business units.
Meanwhile, Deepak M Satwalekar, a widely respected financial services professional, joins Wipro’s Board of Directors for five years effective July 1, 2020, subject to the approval of the shareholders.
Deepak will serve as an Independent Director on the Board and will bring a wealth of experience to Wipro having spent over four decades in the financial services industry and as an advisor and Board member of companies from diverse industries.
In his illustrious career, Deepak has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT). fiinews.com
